Net Loss Per Share (Tables)

9 Months Ended

Sep. 30, 2022

The calculation of the basic and diluted income (loss) per share for the three and nine months ended September 30, 2022 is as follows (in thousands):


	Three months ended September 30,		Nine months ended September 30,
	2022			2022
Numerator:
Net income (loss) for basic earnings per share	$	(18,794)		$	(23,278)
Anti-dilutive Adjustment to Net Income available to shareholders excluded from Numerator for Diluted Earnings Computation
Paid-in-Kind interest expense on convertible notes payable, net of tax	2,043			3,861
Valuation (gain) loss on convertible notes carried at FV, net of tax	4,250			(9,016)
Total numerator adjustment excluded from diluted earnings computation	$	6,293		$	(5,155)

Denominator:
Basic and diluted weighted average shares outstanding	75,312			74,095
Anti-dilutive Incremental Shares Excluded from Denominator for Diluted Earnings Computation
Average number of diluted shares for convertible notes payable	74,395			47,354
Average number of diluted shares for stock warrants	8,897			3,324
Average number of diluted shares for options and restricted	418			571

Basic and diluted loss per share	(0.25)			(0.31)